Sabaf S p A : Publication summary report of voting - Shareholders' Meeting of 8 May 2024
May 14, 2024 at 09:28 pm IST
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PRESS RELEASE
Ospitaletto (BS), 14 May 2024
Summary voting report of the Ordinary Shareholders' Meeting
held on May 8th 2024
Sabaf S.p.A. announces that, pursuant to art. 125-quarter, paragraph 2, of the D.Lgs. 58/1998, the Summary voting report on the items on the Agenda of the Ordinary Shareholders' Meeting held on May 8th 2024 is available to the public on the authorised storage system www.emarketstorage.comand in the Investors section of the website www.sabafgroup.com.
For further information:
Investor Relations
Media relations
Gianluca Beschi
Patrizia Vallecchi + 39 340 5104775
tel. +39 030 6843236
pvallecchi@twistergroup.it
gianluca.beschi@sabaf.it
Arnaldo Ragozzino + 39 335 6978581
www.sabafgroup.com
aragozzino@twistergroup.it
Founded in the early fifties, SABAF has grown consistently over the years to become the key manufacturer in Italy - and one of the leading producers in the world - of components for household appliances. In recent years, through a policy of organic investments and through acquisitions, the Group expanded its product range and is now active in the following segments of the household appliance market: hinges and electronic components. In 2022, the Group announced its entry into the induction cooking components market. Technological expertise, manufacturing flexibility, and the ability to offer a vast range of components - tailor-made to meet the requirements of individual manufacturers of cookers and built-in hobs and ovens and in line with the specific characteristics of its core markets - are Sabaf's key strengths in a sector featuring major specialisation, constantly evolving demand and an ever-increasing orientation towards products assuring total reliability and safety. The Sabaf Group has approximately 1,700 employees in Italy, Turkey, Poland, Brazil, China, India, USA and Mexico. In addition to the Sabaf brand, the Group operates under the brands ARC (professional burners), Faringosi Hinges, C.M.I. and Mansfield (hinges), Okida and P.G.A. (electronic components).
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Sabaf SpA is an Italy-based manufacturer of components for domestic gas cooking appliances. The Company specializes in the design and manufacture of non-ferrous alloy components for household gas cooking appliances. The Company has two operating segments: gas components, and hinges. It offers a range of products, including multigas valves, for free-standing cookers, as well as for built-in hobs; one-way and two-way multigas thermostats, with or without safety devices; gas burners, and hinges. There is also a range of accessories for each product line. It sells its products to manufacturers of cookers, hobs and ovens. The Company has several wholly owned subsidiaries, such as Faringosi-Hinges Srl, Sabaf Immobiliare Srl, Sabaf do Brasil Ltda, Sabaf Mexico SA de CV, , among others.